- Copper has bounced off cloud support and is currently hovering above 5-DMA at 2.9303.
- RSI and Stochs have shown a rollover from overbought levels on the weekly charts, which supports further downside.
- However, near-term bullishness likely on break above 50-DMA at 2.9611. Scope then for test of 20-DMA at 3.0118.
- On the flipside, breach of cloud top could see further weakness. 100-DMA at 2.7881 then insight.
Support levels - 2.8979 (cloud top), 2.839 (July 28 low), 2.788 (100-DMA)
Resistance levels - 2.9610 (50-DMA), 2.993 (Sept 20 high), 3.010 (23.6% Fib)
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: USD/CNY edges lower, scope for further downside
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro- Major Crypto levels and bias summary
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro: NZD/USD retreats as Middle East instability weighs 



